TradingKey – Nvidia Suffers 7-Day Losing Streak Ahead of Earnings Release; $200 Psychological Level Faces Key Test
On August 25 Eastern Time, Nvidia (NVDA) stock rebounded after dropping nearly 3%, rising 0.4% in overnight trading to temporarily trade at $209.41. Experiencing a technical pullback ahead of its earnings release, Nvidia has declined for seven consecutive days, drawing intense market focus on whether the key $200 psychological level can hold.
Nvidia stock price chart, Source: TradingView
After market close this Wednesday (August 26), Nvidia will release its Q2 FY2027 financial results. Consensus revenue expectations stand at around $91.9 billion, slightly above the top end of Nvidia’s prior official guidance of $91.0 billion;…
